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As we all know, eBay has been one of the greatest site that people have used to sell/buy almost anything that you could think of. The current CEO of eBay, Meg Whitman, has been announced to step aside from her position on March 31st. Although many of may think that eBay is still going well, their stock values tell us that they lost its values by half in past two years as the ages of Web 1.0 began to fade. As newer generation sites such as Myspace and Facebook started to rise, eBay began to lose popularity.
It is now known that John Donahoe will replace her position as the president and CEO of eBay, and Rajiv Dutta, the current president of Paypal, will be the executive vice president.
Although eBay won’t be as successful as its early times, it’ll still be the World’s Largest Auction Business Unit.
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